America Quote by Angus Deaton
“Globalization obviously has the potential to be good. That doesn't mean it's good for everybody. There's a very large number of people in India and China who benefited directly from globalization, but it doesn't mean everybody in America benefits from globalization.”
About This Quote
Source Speech: Interview on globalization, 2015
Globalization can create wealth but its benefits are unevenly distributed across nations and populations.
In simple terms: Globalization helps some, not all.
Consider policies that share gains more broadly.
Themes
Mood
Type
When to use this quote
- policy making
- business strategy
- social advocacy
- education programs
- community development
Key Concepts
Questions to Reflect On
- How can societies ensure fairer outcomes?
- What safety nets are needed?
Benefits may be offset by job loss and cultural disruption.